Chief Actuary (m/f/d)


London , United Kingdom


Are you a qualified Actuary in non life primary insurance or reinsurance looking for an opportunity to make a real impact?

Great Lakes have an exciting opportunity in a new created role of Chief Actuary for the Great Lakes Insurance SE UK subsidiary!

We are looking for somebody with the skills and experience to use quantitative and qualitative methods to perform and lead all aspects of the loss reserve analyses in consultation with the internal Central Reserving function in Munich. You will provide opinions on underwriting policies and adequacy of reinsurance protection. You will be the key resource of expertise to provide actuarial assessments for the Board, and contribute to the Risk Management systems in respect of risk modelling, the underlying Solvency Capital Requirement (SCR) and Minimum Capital Requirement (MCR), as well as the Own Risk and Solvency Assessment (ORSA) process. 

This function must be held by an individual who will have to be pre-approved by the PRA through its Fitness and Probity (F&P) regime.


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This opportunity comes along with a competitive salary, 25 days annual leave along with private medical insurance, on target bonus and employers contributory pension of 10%. We also operate in a hybrid working capacity meaning you have the opportunity to collaborate in the office and work from home when needed.

About Us

Here at Great Lakes (a Munich Re company) we seek to offer our staff the opportunity to grow in an exciting, results-oriented and diverse working environment. We believe that your dedication to apply your outstanding knowledge crafts the future; the future of our clients, of Munich Re and of course your own.

Munich Re is an equal opportunity employer. We celebrate diversity and are committed to crafting an inclusive environment for all our employees.